Wednesday, June 25, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Tenders

Tenders: MHI calls for re-bidding of Rs.18,100cr PLI-supported ACC manufacturing

Fiinews by Fiinews
July 21, 2023
in Tenders
Reading Time: 2 mins read
A A
0
Make In India
0
SHARES
11
VIEWS
LinkedinShare on Twitter

0:00

India seeks prospective applicants to set up domestic advanced chemistry cell

The Ministry of Heavy Industries (MHI) has announced the re-bidding of performance linked incentives (PLI) for 20 GWh Advanced Chemistry Cell (ACC) manufacturing with Rs.18,100 crore PLI as its strategy to increase reliance on domestic manufacturing and reducing dependence on imports

In May 2021, the Cabinet had approved the Production Linked Incentive (PLI) Scheme on ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’ for achieving manufacturing capacity of Fifty (50) Giga Watt Hour (GWh) of ACC and 5 GWh of “Niche” ACC with an outlay of Rs.18,100 crore.

With this auctioning process, the prospective applicants can submit their bids to set-up domestic manufacturing facility for advanced chemistry cell, which will help them qualify for incentives under ACC PLI scheme, the Ministry of Heavy Industries said on 20 July 2023.

The MHI said on 20 July 2023 it will be facilitating a stakeholder consultation with industry representatives on 24 July 2023 for their inputs and suggestions before the start of the re-bidding process of remaining 20 GWh capacity.

A Public Notice link: https://heavyindustries.gov.in/writereaddata/UploadFile/Notice-and-Questionnaire-for-ACC.pdf  regarding this, inviting the stakeholders, has been issued.

The consultation shall be chaired by the Secretary, Ministry of Heavy Industries (MHI). The Ministry is committed to finalize the bidding documents and proceeding with the rebidding process at the earliest.

ACCs are the new generation of advanced storage technologies that can store electric energy either as electrochemical or as chemical energy and convert it back to electric energy as and when required.

These have major applications in the electric vehicles, maintaining grid stability, solar rooftop, consumer electronics etc. With India’s commitment towards renewable energy and achieving net-zero by 2070, energy storage is expected to play a crucial role in the overall energy ecosystem.

The first round of the ACC PLI bidding was concluded in March 2022, and three companies were allocated a total capacity of Thirty (30) Giga Watt Hour (GWh), and the program agreement with selected companies was signed in July 2022. Fiinews.com

Tags: MHI
ShareTweetShare

Related Posts

India Electronics Expo
Tenders

Tender: EMC 2.0 approved for Gautam Buddha Nagar

by Fiinews
June 25, 2025
0
11

Startups-MSMEs to get world-class infrastructure The Government has approved Rs.417 crore Electronics Manufacturing Cluster (EMC 2.0) at Gautam Buddha Nagar,...

PIB
Tenders

Tender: Rs.3,626.24cr of Pune Phase-2 approved

by Fiinews
June 25, 2025
0
13

Planned 12.75-km of 2 elevated corridors and 13 stations The Cabinet has approved on 25 June the Rs.3,626.24 crore Pune...

Seci

Tender: SECI calls for Green Ammonia bids

June 25, 2025
14
Kings Infrastraucture

Tender: Kings Infra welcomes RBI Rs.10 lcr credit

June 23, 2025
13
Oreda

Tender: Odisha to develop 5,000 MW renewables

June 23, 2025
23
MNRE

Tender: Rooftop solar boosting program launched

June 23, 2025
21
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tender: EMC 2.0 approved for Gautam Buddha Nagar
  • Tender: Rs.3,626.24cr of Pune Phase-2 approved
  • Market: CVI shows uptick in economic activity
  • Export: Credlix launches India-Mexico service
  • Project: TDB supports BatX’s battery recycling

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.